Value Added (Agriculture, Forestry and Fishing) — Value Standard in Philippines

Philippines: Value Added (Agriculture, Forestry and Fishing) — Value Standard was 2.40 million million SLC in 2024. ◆ Volatile

Latest (2024)
2.40 million million SLC
Change on year
up 5.1%
World rank
42nd
of 199 countries
All-time high
2.40 million million SLC
in 2024
All-time low
11,764 million SLC
in 1970
Years of data
55
1970–2024

Value Added (Agriculture, Forestry and Fishing) — Value Standard in Philippines, 1970–2024

0500.0k1.0M1.5M2.0M2.5M197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

The most recent figure for value added (agriculture, forestry and fishing) — value standard in Philippines is 2.40 million million SLC, measured in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 5.1% on the previous year and up 48.2% over ten years.

Over the whole period, value added (agriculture, forestry and fishing) — value standard in Philippines peaked at 2.40 million million SLC in 2024 and was at its lowest, 11,764 million SLC, in 1970.

Philippines ranks 42nd of 199 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Agriculture, Forestry and Fishing) — Value Standard in Philippines, year by year

Annual values for Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency in Philippines, 1970 to 2024.
Year million SLC Change
1970 11,764 million SLC
1971 14,572 million SLC +23.9%
1972 15,868 million SLC +8.9%
1973 20,972 million SLC +32.2%
1974 29,272 million SLC +39.6%
1975 32,956 million SLC +12.6%
1976 37,372 million SLC +13.4%
1977 41,869 million SLC +12.0%
1978 47,271 million SLC +12.9%
1979 55,694 million SLC +17.8%
1980 60,979 million SLC +9.5%
1981 69,771 million SLC +14.4%
1982 73,613 million SLC +5.5%
1983 81,924 million SLC +11.3%
1984 129,385 million SLC +57.9%
1985 140,481 million SLC +8.6%
1986 145,703 million SLC +3.7%
1987 163,847 million SLC +12.5%
1988 183,061 million SLC +11.7%
1989 209,483 million SLC +14.4%
1990 235,260 million SLC +12.3%
1991 260,949 million SLC +10.9%
1992 294,544 million SLC +12.9%
1993 318,111 million SLC +8.0%
1994 372,231 million SLC +17.0%
1995 411,922 million SLC +10.7%
1996 446,973 million SLC +8.5%
1997 456,195 million SLC +2.1%
1998 449,216 million SLC -1.5%
1999 508,644 million SLC +13.2%
2000 515,480 million SLC +1.3%
2001 535,358 million SLC +3.9%
2002 585,081 million SLC +9.3%
2003 620,437 million SLC +6.0%
2004 744,516 million SLC +20.0%
2005 799,871 million SLC +7.4%
2006 875,218 million SLC +9.4%
2007 979,430 million SLC +11.9%
2008 1.17 million million SLC +19.3%
2009 1.22 million million SLC +4.4%
2010 1.29 million million SLC +5.9%
2011 1.43 million million SLC +10.7%
2012 1.45 million million SLC +1.3%
2013 1.50 million million SLC +3.8%
2014 1.62 million million SLC +7.8%
2015 1.53 million million SLC -5.4%
2016 1.54 million million SLC +0.7%
2017 1.69 million million SLC +9.2%
2018 1.76 million million SLC +4.5%
2019 1.72 million million SLC -2.3%
2020 1.83 million million SLC +6.2%
2021 1.95 million million SLC +6.9%
2022 2.10 million million SLC +7.7%
2023 2.29 million million SLC +8.6%
2024 2.40 million million SLC +5.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 30,761 million SLC 11,764 million SLC 55,694 million SLC 10
1980s 125,825 million SLC 60,979 million SLC 209,483 million SLC 10
1990s 375,404 million SLC 235,260 million SLC 508,644 million SLC 10
2000s 804,395 million SLC 515,480 million SLC 1.22 million million SLC 10
2010s 1.55 million million SLC 1.29 million million SLC 1.76 million million SLC 10
2020s 2.11 million million SLC 1.83 million million SLC 2.40 million million SLC 5

Countries ranked near Philippines

  1. 39 Burkina Faso 2.62 million million SLC compare
  2. 40 Yemen 2.55 million million SLC compare
  3. 41 Sri Lanka 2.55 million million SLC compare
  4. 43 Egypt 1.91 million million SLC compare
  5. 44 Hungary 1.85 million million SLC compare
  6. 45 Costa Rica 1.75 million million SLC compare

See the full ranking of 215 places →

More environment data for Philippines

All data for Philippines →

Frequently asked questions

What is value added (agriculture, forestry and fishing) — value standard in Philippines?
Value added (agriculture, forestry and fishing) — value standard in Philippines was 2.40 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (agriculture, forestry and fishing) — value standard recorded in Philippines?
The highest recorded value was 2.40 million million SLC in 2024.
What is the lowest value added (agriculture, forestry and fishing) — value standard recorded in Philippines?
The lowest recorded value was 11,764 million SLC in 1970.
How does Philippines rank for value added (agriculture, forestry and fishing) — value standard?
Philippines ranks 42nd out of 199 countries with data for 2024.
Is value added (agriculture, forestry and fishing) — value standard rising or falling in Philippines?
Over the last ten years it is up 48.2%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Value Added (Agriculture, Forestry and Fishing) — Value Standard in Philippines. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 22 August 2026, from https://environment.statizoid.com/stat/value-added-agriculture-forestry-and-fishing-value-standard-local-currency/philippines/

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About this data

Indicator
Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
215 places, 10,919 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).